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Forex Trend Analysis Report

Prepared for you on Monday, December 18, 2017.

Turkish Lira/Canadian Dollar (FOREX:TRYCAD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_TRYCAD
Open High Low TRYCAD Price Change
0.332895 0.333550 0.332500 0.332860 -0.000035
Entry Signal

MarketClub’s Trade Triangles for TRYCAD

long term down The long term trend has been DOWN since Jul 6th, 2017 at 0.356835

intermediate term up The intermediate term trend has been UP since Dec 6th, 2017 at 0.331640

short term down The short term trend has been DOWN since Dec 13th, 2017 at 0.333785

Smart Scan Analysis for TRYCAD

Based on a pre-defined weighted trend formula for chart analysis, TRYCAD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for TRYCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.332895 0.333550 0.332500 0.332860 -0.000035
Prev. Close Volume Bid Ask Time
0.332895 0.332800 0.332920 2017-12-18 03:58:42
Want to analyze Turkish Lira/Canadian Dollar TRYCAD or another symbol? Try our Free Forex Trend Analysis Report.